Tax fraud
Paris court finds billionaire dealer Guy Wildenstein guilty of tax fraud
He has received a four year prison sentence and been fined €1m for concealing from authorities a massive art collection to avoid paying inheritance tax
New York Attorney General's investigation into Sotheby's alleged tax fraud widens
Letitia James's office is seeking information on more than 50 collectors related to a 2020 lawsuit against the auction house
Italian Police seize assets worth $144m—including works of art—from ‘Putin’s Palace’ architect
Lanfranco Cirillo, who is currently in Moscow, is under investigation for tax crimes
Fraud: the case of Inigo Philbrick
Plus, Warhol’s Catholicism and Moscow’s new museums
Jailed diamond dealer and art collector Nirav Modi fights extradition to India on mental health grounds
Modi, who is currently held in Wandsworth Prison in London, is wanted for allegedly defrauding a state bank of £729m
New York state sues Sotheby's for allegedly helping collector evade tax on $27m of art
Auction house "vigorously refutes the unfounded allegations" made by the attorney general, who claims the auction house knowingly aided the offshore company Porsal Equities
Mary Boone released from prison early after the facility sees spike in coronavirus cases
Jailed for tax fraud, the incarcerated Manhattan dealer has been moved to a re-entry facility just under half way through her 30-month sentence
Mary Boone sued by former director for withholding wages and ‘misappropriating’ more than $10m
The dealer allegedly had Gagosian gallery wire millions into her personal account for the sale of a Brice Marden painting to pay off tax penalties before she went to jail
French court fines Art Basel backer UBS €3.7bn for tax evasion and money laundering
The conviction follows a seven-year investigation into the Swiss banking giant by French authorities
Russian art collector could face seven years in prison
Vladimir Nekrasov has been charged with corporate tax evasion
Swiss bank UBS used Art Basel Miami Beach to entice Americans in tax avoidance scheme
Former employee who facilitated the use of offshore accounts sentenced this month for “conspiracy to defraud” US and Internal Revenue Service
Warring New York dealers guilty of tax evasion
Court orders Helen Fioratti and James Sansum to repay huge sums
Shell Company Lawsuit: Gagosian and Brant pay $10 million to Uncle Sam in unpaid taxes
The US lawsuit alleged they created a shell company to avoid paying dues
The ADAA thirty years on: “We’ve cleaned up tax fraud, the selling of fakes, helped recover thefts, and supported freedom of expression”
As the Art Dealers Association of America’s annual Armory show drew to an end we talked to Gilbert Edelson, a founder member